TMC the metals company Inc (TMC) average volume reaches $960.00K: Is Wall Street expecting a rally?

TMC the metals company Inc (NASDAQ: TMC) kicked off on Tuesday, down -0.40% from the previous trading day, before settling in for the closing price of $0.81. Over the past 52 weeks, TMC has traded in a range of $0.77-$2.07.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

While this was happening, its average annual earnings per share was recorded 32.27%. With a float of $141.52 million, this company’s outstanding shares have now reached $324.13 million.

Let’s determine the extent of company efficiency that accounts for 46 employees. In terms of profitability, gross margin is -100.37%, operating margin of -486.54%, and the pretax margin is -560.12%.

TMC the metals company Inc (TMC) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of TMC the metals company Inc is 58.88%, while institutional ownership is 5.12%. The most recent insider transaction that took place on Nov 27 ’24, was worth 40,185. In this transaction Chief Financial Officer of this company sold 47,523 shares at a rate of $0.85, taking the stock ownership to the 977,844 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Officer proposed sale 47,523 for $0.85, making the entire transaction worth $40,186.

TMC the metals company Inc (TMC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 32.27% per share during the next fiscal year.

TMC the metals company Inc (NASDAQ: TMC) Trading Performance Indicators

Take a look at TMC the metals company Inc’s (TMC) current performance indicators. Last quarter, stock had a quick ratio of 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.11 in one year’s time.

Technical Analysis of TMC the metals company Inc (TMC)

Looking closely at TMC the metals company Inc (NASDAQ: TMC), its last 5-days average volume was 1.25 million, which is a drop from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 19.56%. Additionally, its Average True Range was 0.05.

During the past 100 days, TMC the metals company Inc’s (TMC) raw stochastic average was set at 7.81%, which indicates a significant decrease from 18.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.38% in the past 14 days, which was higher than the 58.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9357, while its 200-day Moving Average is $1.2441. However, in the short run, TMC the metals company Inc’s stock first resistance to watch stands at $0.8135. Second resistance stands at $0.8243. The third major resistance level sits at $0.8385. If the price goes on to break the first support level at $0.7885, it is likely to go to the next support level at $0.7743. Should the price break the second support level, the third support level stands at $0.7635.

TMC the metals company Inc (NASDAQ: TMC) Key Stats

The company with the Market Capitalisation of 276.29 million has total of 324,263K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -73,780 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -20,520 K.